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Citi pledges $2.25bn to efficient and distributed energy projects
12 May 2014Citi plans to step up its activities in US energy efficiency and distributed energy generation, after setting a new financing target of $2.25 billion, marking a significant increase on its previous goal.
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€35m raised for Irish energy efficiency fund as it inks first deal
09 May 2014The Irish government has launched an energy efficiency fund after reaching a €35 million ($48 million) first close, with more than half the capital coming from the private sector.
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Nordex secures €100m loan from EIB
29 April 2014Wind turbine manufacturer Nordex has received a €100 million ($138 million) loan from the European Investment Bank to help it develop new technologies.
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More banks and institutions will lend to renewables, says Credit Agricole
17 April 2014The number of banks and institutional investors that finance renewables projects is set to rise as they become more comfortable with the technology, a leading project financier told Environmental Finance.
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World Bank launches first green bond in Australia
16 April 2014The World Bank has today launched its first green bond on the Australian market, raising AU$300 million ($281 million).
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Impax completes deal for two Finnish wind farms
15 April 2014Impax Asset Management has completed two wind power deals in Finland with a combined generating capacity of 78MW, marking its first investments in the country.
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RET Capital buys 25MW solar plant
15 April 2014US financing platform Renewable Energy Trust Capital is to buy a 25MW solar photovoltaic plant in California – its second acquisition since raising $125 million last month.
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Call to strengthen Green Bond Principles
10 April 2014The Green Bond Principles should be strengthened to help boost the credibility of the fledgling market, an NGO has claimed.
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Loan fund created to spur carbon finance for clean cookstoves
08 April 2014A not-for-profit loan fund has been set up to help clean cookstove projects negotiate the carbon crediting process.
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Foresight Solar eyes debt facility and aims to double capacity
07 April 2014Foresight Solar Fund is negotiating loan facilities of up to £100 million ($166 million) to finance further acquisitions.